igolgi agrees on terms to acquire Zipreel Inc.

igolgi, Inc. has agreed on terms to complete the acquisition of Zipreel Inc., a privately held, Princeton Junction, New Jersey based file video processing company. Terms of the acquisition are not available.

“With the merging of file and live video processing in software on general purpose computers, we believe that Zipreel’s distributed processing technology and the mature install base of file transcoding products would be very synergistic with igolgi’s live video processing products,” stated Dr. Kumar Ramaswamy, President, igolgi Inc.

The acquisition is expected to be completed by the first half of 2018.

For further information, visit us at NAB 2018 at SU 13702 or at www.igolgi.com

About igolgi Inc.

igolgi Inc. is a provider of next generation video compression and analytics products and services for digital television, internet hosting, and post production applications. Our products include video encoders, decoders and transcoders that provide significantly greater efficiency and advanced features executing on general purpose server hardware. We are committed to bringing to the market superior software-based video signal processing and compression solutions by leveraging the compute power of multi-core and hybrid computer platforms.